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Bangkok Post

Business

Buy now, pay later lures apps and e-marketplaces

Grab Worachat Luxkanalode Thailand BNPL Inflation Lazada Shopee

The PayLater feature by Grab is displayed on a mobile. Buy now, pay later payments in Thailand are expected to reach US$2.9 billion in 2022.

Super apps and e-marketplaces are making a foray into buy now, pay later (BNPL) services in Thailand to stimulate consumption amid economic headwinds and stagnant inflation.

Grab is the first among the super apps to offer BNPL in Thailand, while Shopee is a trendsetter for the service among e-marketplaces.

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